Data#3 trumpets strong results

Data#3 today announced increased guidance for its annual results, saying it expected a 13 per cent revenue boost on the previous year's earnings, bringing its total annual revenue to an estimated $599 million.

in brief Data#3 today announced increased guidance for its annual results, saying it expected a 13 per cent revenue boost on the previous year's earnings, bringing its total annual revenue to an estimated $599 million.

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Data#3 has updated its full-year earnings guidance with an expected 13 per cent increase on the previous financial year.(Bar Graph image by Kevinzhengli, CC2.0)

Data#3 chief financial officer, Brem Hill, said that the company was tentative in the guidance it had issued at the half-year mark and noted a significant sales increase in Q4 contributing to positive growth figures.

"We've had a pretty sustained performance from all parts of our business. We'll go into more detail when we produce our full year reports," Hill said. Data#3 is set to release its annual report on 23 August.

Hill told ZDNet Australia that Data#3 was currently at the tail-end of multiple client system roll-outs, including new supply-chain systems, CRM systems, financial applications and service management systems.